About Us
Bulenox is the next-generation international platform constructed by using merchants for traders. The area of expertise of our method is in the way that we had been capable to mix many years of buying and selling experience. We enhance a totally sparkling as nicely as protected get admission to to buying and selling in the world monetary markets through implicating a today’s technological know-how that is handy for all our clients.
Our Advantages
Our primary gain is accessibility for everybody involved in the international economic markets and, in particular, the charming world of buying and selling in the futures markets. Thanks to our company, you no longer have to fear about the security of your capital or a excessive monetary threshold to take part in the auction. Our bendy prerequisites supply merchants absolute freedom of movements and a handy buying and selling schedule. Moreover, our loyal approach, which is the most liberal and at the identical time the most democratic in phrases of compensation.
Our Guarantees
We assurance to fulfill all our duties by way of the policies of our employer inside the hooked up rules.
Status
When a Trader signs and symptoms a person Agreement with Rithmic, it is their accountability to make certain that the splendid fame is selected: expert or non-professional status.
Once a reputation has been selected, there will be no possibility to exchange it each on the Qualification Account or the Master Account.
IMPORTANT: A expert Trader is obliged to pay $116 each month for change records feed (CME, CBOT, NYMEX, COMEX).
A Trader with a non-professional reputation does now not have to pay for the change statistics feed. This is covered in the Qualification Account.
Option 1: No Scaling Account (Trailing Drawdown)
- The trailing drawdown will constantly comply with the modern balance. Threshold is trailing for realized and non-realized gains, which is equal to your profit.
- The drawdown is recorded in real-time at some stage in the buying and selling day and consists of a commission.
- If your stability decreases, then your allowable drawdown stays unchanged.
- If the dealer violates the allowable drawdown, the trader’s account is blocked through the administrator. In this case, the dealer can make a reset or create a new account.
For example:
A Trader has an account of $100,000 for 12 contracts, has a most trailing drawdown of $3,000. This capacity that the most you can lose is $3,000 from the most income point at any given time, which include open positions. In this case, if your account drops to $97,000, then the account will be blocked. The dealer commenced buying and selling and opened the first change and earned $800. In this case, the most drawdown additionally strikes and now the drawdown will be $ 97,800 ($100,800 – $3,000 = $97,800). If the dealer has no longer but closed the deal and gave lower back the income of $ three hundred At that moment, when the dealer closes the deal, $100,500 remains. In this case, the most drawdown additionally stays at the degree of $97,800. The most drawdown will continually go $3,000 from the easiest account balance.
Reset
Have you reached the most drawdown? A Trader can make a reset via updating his/her account balance.
The reset is processed immediately, a notification about the reset will be despatched by means of email.
The reset solely updates the preliminary stability so that the dealer can proceed to exchange on the account to which he is subscribed. All preceding features or losses will no longer be counted. Also, all preceding lively buying and selling days will now not be counted toward a minimal of five buying and selling days. The Trader will once more want to alternate five buying and selling days.
IMPORTANT:
Reset does now not trade the expiration date of the Qualification Account subscription. The subscription is robotically renewed each 30 days till you cancel it yourself. If a rule in the Qualification Account is violated earlier than the subsequent billing date, the account will be reset for free on the unique billing date. Moreover, the carried out buying and selling days will remain. The free reset alternative is solely handy on the billing date. If the dealer needs to reset the account at any different time, it will fee $78.
How to reset:
- Log in to your account at Bulenox.com the use of your username and password.
- Inside of your profile account pick out “reset account”
- Follow the directions to pay for the reset.
Minimum and most quantity of buying and selling days
- The Trader should alternate at least five buying and selling days. Weekends and Holidays do no longer count number as buying and selling days.
- There is no most restrict on how many buying and selling days a Trader have to trade. The Trader can exchange till the earnings goal is reached.
- A Trader is no longer required to alternate each day.
- A buying and selling day is counted solely when a Trader has opened a trade.
What is supposed by means of a buying and selling day?
The buying and selling day begins at 5:00 pm and ends at 4:00 pm the subsequent day, North American Central Standard Time (CST).
Multiple Accounts
- A Trader can concurrently have various Qualification and Master Accounts.
- All extra money owed created by way of a dealer ought to be below the equal Rithmic User Id.
- Trader ought to have limitless Qualification Accounts and up to eleven lively Master Accounts.
Only one Rithmic User ID Allowed
A Trader can solely register one login at Bulenox.com. Rithmic User ID will be created when subscribing to a Qualification Account. Since the dealer will have solely one login on bulenox.com, accordingly, there will additionally be solely one Rithmic User ID.
To subscribe for extra Qualification Accounts:
- Log in to your account at Bulenox.com the usage of your username and password.
- Inside your account, open the Bulenox Account tab and choose one of the extra accounts.
All extra money owed will mechanically be linked to your Rithmic User ID.
For example:
BX000642 – Rithmic User ID
BX000642-001 – account number
BX000642-002 – account number
BX000642-003 – account number
IMPORTANT: If it is discovered that a dealer has registered a number of logins on Bulenox.com and has quite a few Rithmic User IDs from Bulenox.com, then we reserve the proper to totally delete the Rithmic User ID and block the trader’s profile besides a refund.
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